Corporate franchise tax amount
NMSA 1978, § 7-2A-5.1
in effect7-2A-5.1. Corporate franchise tax amount
The corporate franchise tax amount imposed on a corporation by Section 7-2A-3 NMSA 1978 shall be fifty dollars ($50.00) per taxable year or any fraction thereof.
Laws 1986, ch. 20, § 37; 1992, ch. 78, § 3.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do#!b/7-2A-5.1Fetched: 10/20/2026
